Crude Oil (WTI) (Z4) Intraday: intraday support around 70.85.
Pivot:
70.85
Our preference:
Long positions above 70.85 with targets at 72.30 & 72.80 in extension.
Alternative scenario:
Below 70.85 look for further downside with 70.35 & 69.70 as targets.
Comment:
The RSI is above its neutrality area at 50%.